Google and Facebook now own 20% of global ad revenue

The internet giants are attracting major advertising spend

Google and Facebook accounted for one-fifth of global advertising expenditure across all media in 2016, according to new research.

Figures compiled by data and analysis marketing company Zenith showed that the two companies earned 64% of all global ad spend growth between 2012 and 2016.

The two companies have nearly doubled the amount they owned five years ago in global advertising expenditure, which was at 11%, up 9% since 2012.

Zenith found that Google, under its parent company Alphabet, is the largest media owner in the world, as it attracted $79.4 billion in ad revenue in 2016. That is three times more than the second largest, Facebook, which attracted $26.9 billion.

Advertisement
Advertisement - Article continues below
Advertisement - Article continues below

In third place was Comcast, which is the largest traditional media owner, which raked in $12.9 billion in advertising revenue.

Web advertising has overtaken television to become the world's largest advertising medium this year. In Zenith's top 30, there are five other pure-internet media owners - Baidu, Microsoft, Yahoo, Verizon and Twitter. The seven digital platforms generated $132.8 billion in internet ad revenue in 2016, which is 73% of all internet ad spend, and 24% of global ad spend across media.

Verizon occupies the 21st place in Zenith's rankings, but Zenith predicted it could hit sixth once it acquires Yahoo.

Twitter is the fastest growing media owner on the list, increasing its revenues by 734% between 2012 and 2016, while Chinese social media giant Tencent is second with 697% growth over the same period, followed by Facebook in third with 528% growth.

Featured Resources

Report: The State of Software Security

This annual report explores important trends in software security

Download now

A fast guide to finding your cloud solution

One size doesn't fit all in the cloud, so how do you find the best option for your business?

Download now

Digitally perfecting the supply chain

How new technologies are being leveraged to transform the manufacturing supply chain

Download now

Small & Medium Business Trends Report

Insights from 2,000+ business owners and leaders worldwide

Download now
Advertisement

Recommended

Visit/marketing-comms/unified-communications-uc/354662/google-developing-all-in-one-messaging-app-for
unified communications (UC)

Google developing all in one messaging app for business

29 Jan 2020
Visit/security/internet-security/354484/facebook-exec-calls-cambridge-analytica-scandal-a-non-event
internet security

Facebook exec calls Cambridge Analytica scandal a "non event"

8 Jan 2020
Visit/cloud/cloud-computing/354479/google-adds-partners-to-real-time-translation-tools
cloud computing

Google adds partners to real-time translation tools

8 Jan 2020
Visit/hardware/354336/the-it-pro-products-of-the-year-2019-all-the-years-best-hardware
Hardware

The IT Pro Products of the Year 2019: All the year’s best hardware

24 Dec 2019

Most Popular

Visit/mobile/28299/how-to-use-chromecast-without-wi-fi
Mobile

How to use Chromecast without Wi-Fi

5 Feb 2020
Visit/hardware/354723/coronavirus-starts-to-take-its-toll-on-the-tech-industry
Hardware

Coronavirus starts to take its toll on the tech industry

6 Feb 2020
Visit/operating-systems/microsoft-windows/354739/windows-7-bug-blocks-users-from-shutting-down-their-pcs
Microsoft Windows

Windows 7 bug blocks users from shutting down their PCs

10 Feb 2020
Visit/in-depth/354726/sonos-speakers-are-environmentally-unsound
In-depth

Sonos speakers are environmentally unsound

9 Feb 2020